Discover and read the best of Twitter Threads about #smartcontracts

Most recents (9)

1/ 2019 has been a knockout year for the OpenLaw team 👊👊👊. We’ve been #BUDIL-ing and have some incredible partnerships and dev tools released. Check out the highlights below👇
2/ We’ve introduced Ethereum’s killer app, a smart contract stack for the ages: The #OLE Stack [OpenLaw, $link (@Chainlink) and @Ethereum]. 🔥🔥🔥medium.com/@OpenLawOffici…
@chainlink @ethereum 3/ Law firms are starting to see great value in leveraging #smartcontracts with real-world contracts. We’re starting to see law firms like @NLawGlobal, @BennettJonesLaw, @BlakesLaw, @_Davies_, @FaskenLaw and @StikemanElliott using OpenLaw to execute and M&A escrow agreement. 💡
Read 9 tweets
🚨 SPECULATION AHEAD - DYOR!🚨

@TheFCA started the Digital Regulatory Reporting (DRR) in 2017. You can find more details here:

fca.org.uk/digital-regula…

Pilot Phase I participants:
Barclays
Nationwide
Credit Suisse
NatWest
Santander
Lloyds Banking Group
The Pilot 1 Report is a MUST read for those interested in #UK #blockchain and #smartcontracts.

All sections of the report are interesting, but I found section 5 and 6 to be most interesting. Here are a few things that stood out to me:

bit.ly/2EH0HZS
Directly translating regulation into machine executable code:
- expressing the logic of regulation in code written in a
general‑purpose programming language like Java, C++ or Python.
- A combination of subject matter experts and
engineers coded the logic of the regulation in JS.
Read 11 tweets
Connectivity 💾↔️⛓️
Privacy 🔒
Scalability 🌐

These are the three main roadblocks preventing #SmartContracts from reaching mass adoption today

#Chainlink $LINK will play a major role in bringing this space to the next level, making Web3.0 a reality

A thread ⏬
Connectivity is the main problem that Chainlink tackles

Smart Contracts cannot natively access data outside the blockchain, they need an off-chain Oracle to fetch the data and bring it back on-chain

More details about the connectivity problem below ⏬
The next major roadblock is Privacy, it is a deal-breaker requirement for any level of enterprise adoption of Smart Contracts

Large institutions cannot leave public breadcrumbs about their sensitive financial dealings on a public immutable ledger that can be observed by anyone
Read 22 tweets
The key value of #Blockchain is immutable state and censorship-resistant access to that state

Unfortunately state changes are limited to direct user inputs, which isn't ideal for contracts that affect multiple parties

This space is still missing the other half of the equation
What we're missing is a trust-minimized and provably secure off-chain agent that can reliably trigger a state change on the behalf of the contract's beneficiaries

Importantly, that state change can be based off of the real world data ALL traditional real-world contracts require
I think you know what I'm getting at

>>> Oracles <<<

The vast majority of useful #SmartContracts will need secure oracles as the data they require to execute is off-chain

#Oracles are the bridge between the on-chain world and the off-chain world

The gatekeeper so to speak
Read 14 tweets
Thread/1: In Commissione Bilancio ho chiesto conto al sottosegretario @LucianoBarraCar di posizioni contenute nel blog cui rinvia il suo profilo Twitter (e da lui RT) su #agendadigitale come - se non ho capito male - "tripudio di idiozie per nerd".
Thread/2: Ho chiesto se fossero queste le posizioni portate dall'Italia ai tavoli europei o se fossero, invece, posizioni personali. Avreste dovuto vedere le facce dei deputati grillini ad apprendere le considerazioni RT dal sottosegretario su #blockchain e #SmartContracts
Thread/3: Risposta stizzita e assai poco urbana di @LucianoBarraCar che mi pare, in sostanza, abbia dovuto prendere le distanze da considerazioni da lui RT e che, quindi, NON coincidono con le posizioni portate avanti dal governo in materia di #agendadigitale
Read 6 tweets
0/ Can you believe we're already 10% through the year!? When you consider all that's transpired in the #crypto/#blockchain so far in 2019, that fact becomes less surprising.

Below, a 17-part thread based on what went down over the past day or so. Helping you stay informed!
1/ 🤝 @AirSwap's [ $AST ] @Crypto_Bobby announced the team's newfound "ability to support fiat on-ramp directly on AirSwap through [their] integration with" @SendWyre.

Fiat<-->#Crypto within users' self-custodied wallet, all whilst using #AirSwap's trading interface!
2/ 🐟 @Ethereum Foundation grantee @LeapDAO - a decentralized adaptive organization delivering layer-two Ethereum scalability as a global public utility - revealed its first public deployment of a Plasma Network! leapdao.org/blog/Plasma-Te…
Read 18 tweets
ما هي التوقعات لمستقبل #العملات_الرقمية في عام ٢٠١٩ م ؟!
هل هي نهاية الطفرة ام هو عهد جديد؟!

*** توقعات تحليلية وليست توصية شراء او بيع ***
الحديث حول أهم التوجهات المتوقعة للعملات الرقمية في ٢٠١٩ .
العام القادم هو العام الثاني بعد الضجة الهائلة #Hype التي احدثتها العملات المشفرة بنهاية عام ٢٠١٧
التذبذبات في الاسعار خلال هذا العام أخذت تدريجيا بالانحسار واستقرار اسعار العملات
فما هي التطورات اذن خلال العام القادم؟!
١- انشاء #منصات لا مركزية لتداول العملات المشفرة (DEX):
اكبر المنصات الحالية #Exchanges تحتفظ بالارقام السرية Private Keys للمتداولين وبهذا تعتبر عرضة للاختراق كما حدث لمنصة Mt. Gox عام ٢٠١٤
مع بداية العام سيزداد عدد المنصات اللامركزية والتداول عليها

#decentralized #Exchanges
Read 7 tweets
When an audited #smartcontract fails where does liability lie? 1/5
Assuming a lawyer is involved with a failed #smartcontract is that person liable? 2/5
Is the original coder liable if a #smartcontract fails? 3/5
Read 5 tweets

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